NEW YORK Nucor
Corp.s sheet mill group has increased its base prices by
$20 per ton effective immediately, the company said in a letter
to customers dated Dec. 6.
The Charlotte, N.C.-based
steelmaker said the increase applies to all new orders of
hot-rolled, cold-rolled and galvanized sheet products.
Earlier this week, market sources had predicted another
round of increase announcements from domestic mills (
amm.com, Dec. 5). This is the third increase to
have been announced in the fourth quarter.